Reading between the lines, the easiest path seems to be using revenue to offset things they’d like to make permanent (child tax credit, ACA subsidies) and declaring the infrastructure/climate part a long term investment. But still a lot to work out for one bill.
https://twitter.com/burgessev/status/1369997372961521665
The thing is there’s only so much low-hanging fruit on revenue, even for Democrats. So if you do a strict infrastructure/climate bill and use it all up, you’re left with a lot of stuff they’d like to extend that would have to go into a big expensive bill next.
The one near-guarantee here is bipartisanship is not gonna happen. But Manchin already seems to be signaling that won’t keep him from a bill once it becomes clear R’s won’t join in. Everything feels like kabuki around that point.
For political purposes, there’s also benefit to linking child tax credits to their likeliest revenue ideas, like a corporate rate hike. “Parents get a tax break and the corporations pay their fair share” is a message every D would feel safe running ads on from Manchin on down.
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